What Caused The Great Depression

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The Great Depression had several underlying causes that brought about a great shift in the way that Americans lived. A few of the causes included the stock market crashing causing various issues in the US and the European economy, markets for agricultural goods were halted, the demand for consumer goods decreased the production in the manufacturing plants, and the housing market bottomed out (Schultz, 2013). In 1928, President Hoover’s considerations going into office was that American life had an open door for progression, however, within eight months of his administration, the majority of this changed as the US headed into a depression that would be difficult to overcome. Amid the 1920’s, the stock market appeared to have the impression

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